Category: Finance

Kathmandu: The government has remove the limitations of dollar exhange as it is important for import oxygen-related materilas. Nepal Rastra Bank (NRB) has lifted the limit on the dollar exchange rate saying that the threat of corona epidemic is increasing and there is a lack of oxygen. At present, the exchange facility for import of… Continue reading NRB removes limitations on dollar exchange to import oxygen cylinders

Kathmandu: The Department of Cooperatives has requested the cooperatives across the country to halt heir services except for the essential ones. The department has urged the cooperatives to suspend their regular services until the situation improves as the second wave of corona virus (Covid-19) epidemic is affecting the country. Deputy Registrar of the Department Surendra… Continue reading Govt directs to close all cooperative institutions

Kathmandu: Insurance Committee, the regulatory body, has directed to close all the branch offices of the insurance companies. Stating that the situation of corona infection is getting worse each day, the committee has directed to close all the branches with effect from Thursday. According to Rajuraman Poudel, executive director of the committee, the companies will… Continue reading Insurance Committee directs to close all branches of insurance companies

Kathmandu: Seven people have been arrested in Kathmandu on charges of being involved in the black market of oximeters. According to the District Administration Office, Kathmandu, seven persons have been arrested during the monitoring conducted by a joint team of the District Administration Office, Kathmandu, Metropolitan Crime Investigation Branch, Department of Drug Management and Commerce.… Continue reading Seven arrested for selling oximeter at high price

Kathmandu: Retail trade from the Kalimati fruit and vegetable market has been halted citing increased corona risk due to overcrowding. According to the Market Development Committee, it has been decided to close the retail trade of fruits and vegetables for the duration of the prohibitory order after monitoring by the District Administration Office, Kathmandu on… Continue reading Retail trade halted in Kalimati vegetable market

Kathmandu: Gold price has reached Rs 92,000 per tola today growing up by Rs 200 per tola. On Sunday, gold price was Rs 91,800 per tola. Gold prices have risen since investors began investing in gold to secure investment due to the risk of the corona virus. There is not much gold trade in Nepal… Continue reading Gold price reaches Rs 92,000 per tola

Kathmandu: As the corona infection is on the rise across the country, high security alert has been adopted at the northern trade ports. Stating that Nepal should adopt maximum security to facilitate trade, the entry of outsiders into Tatopani and Rasuwagadhi has been stopped following the request of the Chinese administration, according to the customs… Continue reading High alert at Rasuwagadhi and Tatopani checkpoints

Kathmandu: An agreement has been reached between Tribhuvan International Airport (TIA) and the Airlines Operators Association of Nepal (AOAN) to reduce the number of domestic flights.TIA has said that it has been agreed to operate domestic flights at 20-minute intervals from Monday. According to TIA, there will be three domestic flights per hour from Monday.… Continue reading Agreement between airline operators and TIA to reduce domestic flights

Kathmandu: Suppliers selling masks at higher prices have been punished. The Department of Commerce, Supplies and Consumer Protection has taken action against all the surgical suppliers in Tripureshwor for selling masks at higher prices. According to the department, it has found that the masks bought by these suppliers at Rs 4.46 per unit were being… Continue reading Govt take action against firms selling mask at higher price

Kathmandu: Twenty-two checkpoints between Nepal and India has been decided to remain closed. A meeting of the Covid-19 Crisis Management Center (CCMC) held at Singha Durbar on Friday decided to close 22 of the 35 checkpoints between Nepal and India and allow access only through 13 checkpoints. Only Kakadvitta, Jogbani, Pashupatinagar, Birtamod, Gaur, Birgunj, Belahiya,… Continue reading 22 checkpoints between Nepal and India to remain close